Reduces minimum number of annually required thoroughbred horse racing dates from 50 to 25 under certain circumstances.

This bill reduces the minimum annual requirement for thoroughbred horse racing dates at Monmouth Park and Meadowlands Racetrack from 50 to 25, but only with written consent from the New Jersey Thoroughbred Horsemen's Association. It directly affects the racetrack permit holders operating these facilities, allowing them to schedule fewer race days while maintaining their permits. The key mechanism is the lowered threshold for minimum race dates, contingent on approval from the horsemen's association. This change modifies existing law (P.L.2001, c.199) without altering other requirements for standardbred racing.